Sale to Uni-Select Inc.

Industrial
Sale to Uni-Select Inc.

Summary

Baird served as exclusive financial advisor to HgCapital on this transaction

About

Parts Alliance Topco (“The Parts Alliance” or the “Company”), a portfolio company of HgCapital, was recently acquired by Uni-Select Inc. (“Uni-Select”) (TSE:UNS) for £205m.

The Parts Alliance is one of the leading groups of automotive parts distributors throughout the United Kingdom and Ireland. The Company has a network of close to 200 locations including 161 corporate stores and supports over 23,000 customer accounts. The Parts Alliance is headquartered in Solihull, the United Kingdom.

HgCapital is a sector expert private equity investor, supporting management teams to grow industry champions. Deeply resourced sector teams focus on specific sub-sectors and investment themes to identify companies occupying an established position within a niche, and which have the potential to grow faster than their market, create employment and become the leader in their industry. HgCapital’s dedicated portfolio management team provides practical support to management teams to help them realise their growth ambitions. HgCapital invests in expanding segments of the TMT, Services and Industrials sectors across Western Europe. HgCapital manages more than £8 billion for some of the world’s leading institutional and private investors and is based in London, the United Kingdom and Munich, Germany.

Uni-Select is a leader in the distribution of automotive refinish and industrial paint and related products in North America, as well as a leader in the automotive aftermarket parts business in Canada. In Canada, Uni-Select supports over 16,000 automotive repair and collision repair shops through a growing national network of more than 1,100 independent customers and corporate stores. In the United States, Uni-Select operates a national network of automotive refinish corporate stores which service a network of over 30,000 customers annually. Uni-Select is headquartered in Boucherville, Québec, Canada.
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Industrial
Sale to Uni-Select Inc.
Date
August 2017
Company
Parts Alliance Topco
Transaction
M&A
Sectors
Industrial
Target Location
Europe
Acquiror Location
North America

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